Armenia vs Iceland: PPP conversion factor, GDP
PPP conversion factor, GDP over time
- Armenia
- Iceland
How they compare
Iceland currently reports 151.37 LCU per international $ against 148.12 LCU per international $ in Armenia, a difference of 3.25 LCU per international $.
The two have swapped places 4 times across 36 shared years of data; in 1990 it was Iceland ahead.
Armenia ranks 48th and Iceland ranks 47th of 205 countries.
Across the 4 decades both report, Armenia averaged higher in 3 and Iceland in 1.
Head to head by decade
| Decade | Armenia | Iceland | Difference | Ahead |
|---|---|---|---|---|
| 1990s | 61.58 LCU per international $ | 72.71 LCU per international $ | 11.13 LCU per international $ | Iceland |
| 2000s | 137.36 LCU per international $ | 99.13 LCU per international $ | 38.23 LCU per international $ | Armenia |
| 2010s | 159.75 LCU per international $ | 138.05 LCU per international $ | 21.7 LCU per international $ | Armenia |
| 2020s | 147.23 LCU per international $ | 141.95 LCU per international $ | 5.27 LCU per international $ | Armenia |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher ppp conversion factor, gdp, Armenia or Iceland?
- Iceland, at 151.37 LCU per international $ against 148.12 LCU per international $ in Armenia as of 2025.
- What is the difference in ppp conversion factor, gdp between Armenia and Iceland?
- 3.25 LCU per international $, with Iceland ahead.
- How many years of comparable data are there for Armenia and Iceland?
- 36 years are reported by both, from 1990 to 2025.
- How do Armenia and Iceland rank globally for ppp conversion factor, gdp?
- Armenia ranks 48th and Iceland ranks 47th of 205 countries.
- Where does this data come from?
- International Comparison Program (ICP), World Bank (WB), published as PPP conversion factor, GDP (LCU per international $). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
The purchasing power parity (PPP) conversion factor is a currency conversion factor and a spatial price deflator. PPPs convert different currencies to a common currency and, in the process of conversion, equalize their purchasing power by eliminating the differences in price levels between countries, thereby allowing volume or output comparisons of gross domestic product (GDP) and its expenditure components. This conversion factor is for the level of GDP and the base currency is the US dollar.